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harry truman did it for herbert hoover. maybe this president could do it for mitt romney. it would set the right tone for the last term. that's what i care about. some common ground out there is going to be the story of the next coming weeks. can they or can't they? that's "hardball" for now. "politicsnation" with al sharpton starts right now. >>> thanks, chris. and thanks to you for tuning in. tonight's lead, mr. romney comes to washington but republicans still don't understand why he lost. the white house released this photo of governor romney and president obama in the oval office. this photo taken the day after their big lunch. through the door, you can see the private dining room where they shared a lunch of turkey chili and southwestern grilled salad and right behind the second-place finisher is the presidential race. you can see the desk that belonged to president kennedy. it's the desk he thought he'd be sitting at. the white house says the lunch was friendly. mr. romney congratulated the president on his victory and wished him well over the next four years. they also talke
foes are coming together today. romney and obama are sitting down for their first post election meeting. we have more on the meeting. what's the topic today? >> today at 12:30 it will be president obama and mitt romney in a room by themselves for a lunch that was arranged about a week after the election. there won't be any staff sitting with them. we are told the white house called and mitt romney accepted this information. romney aids say he has noah agenda. it's just going to be two adversaries sitting down for a social lunch. >> the president said that there are aspects of governor romney's record and governor romney's ideas that could be very helpful. governor romney did a terrific job running the state. the requested reorganization authority from the congress to do just that. >> we haven't heard from mitt romney since he came up short on leblgs day. we have seen him pumping his own gas and riding roller-coaster in california went viral. today's lunch comes a little over 6 weeks after the two men were basically at each other's throat arguing about the administration's response to th
. mitt romney dreamed of living in the white house. he's at least going to settle in for a lunch date tomorrow. >>> a pack of cigarettes could have a new look with new language about what tobacco companies did to hide the risks of smoking. [ gordon ] for some this line is a convenience. how you doing today? i'm good thanks. how are you? i'm good. [ gordon ] but for others, it's all they can afford. every day nearly nine million older americans don't have enough to eat. anything else? no, not today. join me, aarp, and aarp foundation in the drive to end hunger by visiting drivetoendhunger.org. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best
today at the white house. none other than mitt romney himself. tagg, by the way was not invited. there will be no reporters or no photographs allowed either and of course, no alcohol. the white house would not say what their luncheon agenda is but they did release the luncheon menu. mitt romney will be served a healthy helping of crow. and it's about time. all right. we'll talk about that and a whole lot more here. a lot more serious stuff here on the "full court press" this morning. first, standing by with all of the latest, lisa ferguson out in los angeles. hi lisa. good morning. >> hey bill. good morning everyone. the president does have quite an interesting schedule with his lunch guest but first off he's meeting with the american nobel prize winners in the oval office and then as bill mentioned he is inviting mitt romney to lunch in the private dining room. bill is not the only one making jokes about what's on the menu. new york daily news said no sour grapes. politico's headline reads friendship not on toda
mitt romney will have a private lunch with president obama tomorrow. it will be their first face-to-face meeting since the election and oh, to be a fly on the wall. makes you wonder if they'll be talking about this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of te
their fair share vote for me. if you want to give them a free ride, vote for romney. it's over. this issue has been decided. john boehner total total joke. i think the president -- i mean should just reject this thing out of hand and say we would rather have -- okay, here's my vote. do you agree? 1-866-55-press. my vote is no deal. no deal rather than a bad deal. no deal rather than give the wealthiest 2% another tax cut. john boehner no deal! >> i'm flabbergasted. >> announcer: this is the "bill press show." "talking points" that the right have about "the heavy hand of government". i want to have that conversation. let's talk about it. really. really! that you're gonna lay people off because now the government's going to help you fund your health care. really? i wanna be able to have those conversations. not just to be confrontational, but to understand what the other side is saying. and you know, i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. [ boy 1 ] hey! that's the last cres
tonight. >>> coming up, mitt romney did not win the title of president, but he did win the title of least influential person of the year and later, some republicans who were certain mitt romney was going to win are now coming up with some pretty crazy ideas about why he lost. [ male announcer ] we all make bad decisions. like say, gas station sushi. cheap is good. and sushi, good. but cheap sushi, not so good. it's like that super-low rate on not enough car insurance. pretty sketchy. ♪ and then there are the good decisions. like esurance. their coverage counselor tool helps you choose the right coverage for you at a great price. [ stomach growls ] without feeling queasy. that's insurance for the modern world. esurance. now backed by allstate. click or call. >>> rick santorum and other dazed and confused republicans don't think it's time for republicans to change their ways in any of their bat crack crazy tea party ideas in order to win elections, which of course is good news for democrats and that's coming up. one is for a clean, wedomestic energy future that puts us in control. our abu
both for joining me tonight. >>> coming up, mitt romney did not win the title of president, but he did win the title of least influential person of the year and later, some republicans who were certain mitt romney was going to win are now coming up with some pretty crazy ideas about why he lost. kin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. d
former rival governor romney. more on that next. scientists say they can predict in newborns. we'll tell you what it is. a tire filing smash-and-grab robbery all caught on tape. it is all "happening now". jenna: this thursday we're awaiting a big meeting at the white house. we're glad you're with us, everybody, i'm jenna lee. jon: wouldn't you love to be a fly on the wall? jenna: wonder what is on the menu? jon: i guess we'll find out. president obama making good on campaign promise as he gears up for a sit down with governor romney, the first meeting since the election. the private luncheon set to begin hour and a half from now. white house correspondent ed henry is live. what is on the agenda, ed, do we know? >> reporter: white house officials say this will be a bit more personal. not necessarily a lot of business conducted in terms of fiscal talks and what not. they believe obviously this is the first time they have gotten together not just since the election but since the debate in boca raton, florida, over a month ago. first time they have been face-to-face. this is a long tradition
. tomorrow, the business guy trying to take his job. that's right, president obama and mitt romney will be meeting at the white house for lunch in the private dining room, no, no. no cameras, no reporters. just the president and his challenger, sitting down to talk, after a long and bitter battle. it is a meeting president obama anticipated in his acceptance speech back on election night. >> we may have battled fiercely, but it is only because we love this country deeply. and we care so strongly about its future. in the weeks ahead, i also look forward to sitting down with governor romney to talk about where we can work together to move this country forward. >> jim acosta covered that long and often brutal campaign. jim, you look nice. good to see you. >> every time i try to get out, they pull me back in. >> we needed you. we needed you. look, this meeting, this is not the kind of thing where you're the president of the united states, you pick up the phone and say, hey, mitt, let's meet. there are negotiations, there are conditions. how did the meeting happen? >> that's a very good
attorney general ken cuccinelli, a republican who actively supported mitt romney. he did a radio interview where one of the hosts, cheri jacobus, had questionable reasoning for photo i.d. laws. let's hear what she said. >> voter photo i.d., obama lost every one of those states. he can't win in a state where photo i.d. is required. so clearly there's something going on out there, and until there's a way to have something done about it, where when you report it, you know it's going to be looked into, the other side just says, oh, well, you're just poor losers and that sort of thing. >> your tone suggests you're a little upset with me. you're preaching to the choir. >> no, we get that. >> i'm with you completely. >> well, get this, president obama lost georgia, indiana, kansas, and tennessee not because of their strict photo i.d. laws but because of their conservative voting majorities obviously. >>> next, a whole new meaning for a campaign in shreds. we're talking literally. the remains of some documents with information about mitt romney's campaign motorcade went through an unlikely disposa
's "chalk talk," you tell us if it's a mandate. after president obama defeated governor romney in the race for president, is the g.o.p. ready for change? after two consecutive presidential losses, is it time for republicans to reset? steven hayes and shawn spicer join us here next. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishas by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lou: the target of bipartisan anger, but is his tax pledge really the problem in washington, d.c.? the weekly standard and rnc communications directer will join us to discuss the possibilities of a republican reset here in just moments, but, first, in the money line, wall street showin
if it's a mandate. after president obama defeated governor romney in the race for president, is the g.o.p. ready for change? after two consecutive presidential loss, is it time for republicans to reset? steven hayes and shawn spicer steven hayes and shawn spicer jo the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% aual bonus. and everyone...but her likes 50% more ch. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? lou: the target of bipartisan anger, but is his tax pledge really the problem in washington, d.c.? the weekly standard and rnc communications directer will join us to discuss the possibilities of a republican reset here in just moments, but, first, in the money line, wall street showing its disappointment in washington and
three days after the benghazi attack, the media were concentrated exclusively on trashing mitt romney for a statement he made on september 11 about the cairo demonstration and the craven statement issued by our embassy in cairo as it was developing. so it would have been very logical for someone in the white house to say, look, the media is high on the trail of mitt romney. they're not interested in the real story. it is a perfect way for them to bash romney as they had on everything else. we can dependent away with this. let's go with the video story rather than that it was a terrorist attack. >> bill: all right. now, it's troubling -- if that's true, is what charles and i believe is true, if that's a fact, then we got into a lot of different areas. number one, the c.i.a.'s politicized because general petraeus would have to go along with the charade. indications are by the three senators today that he did. also the defense department, all right, would have to go along with the charade, all right, and that is secretary panetta. so they would be compromised. so you'd have two huge agen
put forth his plan on november 6th and mitt romney put forth his plan and the american people said no, we don't like that romney way of going which is to continue to coddle the rich. we agree with president obama. so now the negotiations are underway. about how to avoid going off the fiscal cliff. and what is the president doing? yesterday, he met with small business leaders. at the white house. the white house met with leaders of jack lew, the chief of staff. met with leaders of the chamber of commerce. today the president is meeting with some middle class americans who would be severely impacted if the middle class tax cuts were to expire. what this article really references is the president the white house announced yesterday is going on the road on friday, he's going back. he's going up to pennsylvania. going to visit a toy store -- last saturday, he also visit at small business, bookshop with his daughters. in arlington virginia. to make the point. the president is going out there, the white house now says
. >> caller: how are you? >> stephanie: good, go ahead. >> caller: i think you should use ann romney on your cut. stop it. just stop it. >> the truth shall make you clot clot. >> stephanie: maybe i'll get back in good graces. >> caller: you had a fox news experience. and at least you put it in reverse, and you took the upper hand on it. >> stephanie: yeah yeah, well, that's the thing too we wanted to do this yesterday only there was a lot of obviously people--you have to consider. you're absolutely right. that's the thing admit it as soon as you can and fix it. that's what we tried to do. thank you, dee. that's quite a compliment. we're better than fox news. why thank you so much. [applause] >> on the scale of compliments. >> stephanie: eh, i could have done without that one. karen in virginia. hi karen. >> caller: hi. >> stephanie: wow, you people are per can i in perky in virginia, what's up. >> caller: i'm in the middle of bsc, i have to be perky. i have a revelation for you, do you know what that is? >> stephanie: what? >> caller: you're human! oh, my god! >> stephanie: are you high? se
a campaign about romney would cult medicare. they're going to cult medicare. romney would have, maybe more, but they're going to cut it. it gets worse. how about tax cuts. sit down please. before you watch this clip, sit down, otherwise you're going to fall down. >> the immediate question of the tax cuts, we want to extend them for most people but we want to engage in the process of tax reform that would produce lower rates, even potentially for the wealthiest. >> cenk: you didn't hear that wrong. not higher rates for the wealthiest lower rates for the wealthiest! lower rates! cut taxes for the wealthiest! i'm glad we had an election, guys. the whole point of the election was to raise taxes on the rich and now they're turning around and say we'll take money from them too we're going to. >> you and stick you with the bill and give it to the rich. if only someone had warned you about this. july of this year, well before the election, democrats were talking about we're going to raise taxes on the rich and we're going to take away those bush tax cuts for the rich, somebody had a different idea
day, itself. harry truman did it for herbert hoover. maybe this president could do it for mitt romney. give him a job he can do well. it would set just the right tone for the second term. that's what i care about. we ain't getting anything done until the two parties try to find some common ground out there. and that's going to be the story of the next couple weeks. can they or can't they? that's "hardball" for now. thanks for being with us. "the ed show" with ed schultz starts right now. >>> good evening, americans. welcome to "the ed show" from new york. john boehner wants cost cutting details from the president? tonight, details on the speaker's shell game. this is "the ed show." let's get to work. >> the white house, this is not a game. i'm disappointed in what's happened. >> the speaker of the house is disappointed. he's also deceptive and dishonest. >> democrats have yet to get serious about real spending cuts. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what o
, just to be the fly on a wall at the white house. the president is going to host mitt romney for a private lunch. how important, how significant is that, even if it's symbolic, that you have these two rivals having lunch together at the white house? >> extremely important. it's the right thing to do. it's going to be a good photo-op for obama and romney together. remember in 1960, kennedy barely, barely beat nixon. yet they met and had a great feeling effect. in 2000, the whole dangling debacle that declared george bush over al gore but then they met and gore admitted he lost. it was very healing. it's an important step tomorrow to garnering a new spirit of bipartisanship if that's possible. >> we hope it's possible. we know that secretary clinton, you know, she once was a rival of obama. do you think that mitt romney, is there a place for him in the administration? >> no. mitt romney has a lot of money and he should go enjoy it i think at this point. it's not his time. he needs to do other things. there's no real role for him in the obama administration. it wouldn't work. af
to iran and rattled off the list and how she got confirmed as a u.n. ambassadorship and the romney campaign never noticing this as the issues of iran and weapons heating up and coming up in independent voices like the beacon, that maybe it will get-- it will derail her. >> jon: the media seem to be circling the wagons around here, judy. >> oh, yes, john mccain's racist theme has been picked up steam and regurgitated not just by people on nbc, "the washington post" editorial pointed out something astonishing to me, of the 90 people who signed the letter objecting to susan rice's nomination or potential nomination as secretary of state, 80 of them were male and about half of them came from states that used to have slaves a hundred years ago, and this was-- when this kind of reasoning gets into the mainstream media, we've got problems. >> jon: you know, the accusation directed the at senator mccain in particular, who voted to approve colin powell as secretary of state and condoleezza rice as secretary of state. >> it's trshgs do you have remember that john mccain used to be the darlin
that president obama will be better for business than mitt romney, but just before that second obama term begins, he's getting a dividend. mr. senegal and the rest of the costco board voted this week to give themselves a special dividend, a 3 billion dollar christmas gift for shareholders that will allow them to be taxed at the current rate of 15% rather than next year's rate of over 40%. and costco is just one of many companies making these one-time cash payouts in a move that will save stocks holders like senegal unless in dividend taxes. and so, mary, turns out maybe taxes do influence investor behavior. what's the meaning of the great cashout of 2012? >> well, don't tax you, don't tax me, tax the guy behind the tree. >> paul: russell long, former late senator. >> exactly. and what you see here are very wealthy people who can, you know, engineer ways to avoid taxes, meanwhile, what he's-- the medicine he's suggesting for people who are starting to do better, people who say, make $200,000, maybe working their whole life. they're the ones who are going to get hit with the obama taxes and really
to moderate conservatives was, i'm upset about welfare as well. and we're going to reform it. and romney did not do that. and paul ryan has a particularly, you know, interesting moment coming, too. he is proposed a plan for medicare. medicare advantage. that is exactly the same as obama care is for people under the age of 65. and so i'm waiting for paul ryan to tell me the difference between his medicare advantage plan and the obama health care exchanges. >> i think we can settle this 2016 thing right now. >> what are you, kidding? >> i stopped making predictions like six seconds ago. we're great when we talk about things that happened in the past or things happening now. we're really stupid. >> joe klein gets the last very cautious word. thank you very much for joining me. from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >> the president responds to john boehner, but democratic leader nancy pelosi has
norquist also predicted an overwhelming victory by mitt romney and was proven wrong then, too. i think he and other republicans are playing a very dangerous game with their own political futures by failing to see the connection between this situation and the situation we were in around 1995 when there was a government shutdown. republicans thought they could drive this to the bitter end, and what happened? the american voters actually blamed them, the republicans, for what happened. i think it's a pattern in american politics when things happen that are, in effect, harmful government shutdowns, if you will, or breakdowns of process, the blame usually ends up on the side of the obstructionists in the republican party. i think there are enough republicans who want to win re-election who see that the strategy of obstruction failed them in this last election. they want to pivot and make a rebrand of the republican party. those are the folks that are the deciding votes in the republican caucus, enough to combine with democrats who shorten that margin in the house to get something passed. >> an
popular name, kimjong sandusky. >>> friends of mitt romney are saying he is bored n.o.w. that he -- bored now that he's not running for president. but not as bored as were when he was running for president. >> the irs is seizing the actresses bank accounts in an effort to recover over $230,000 in unpaid taxes for lindsay lohan. >> she's just getting it all out for her big come back. >> she has 99 problems and the irs is definitely one. >> i like that. >> news out of the sun dance film festival. a documentary featuring the eagles will make the debut in january. the band worked for the filmmakers for five years. it should be good. another movie premiering at the festival is the steve jobs biopick star ashton kutcher. that wouldn't have been my first choice. some are uneasy about him playing the ceo. at least he looks the part. that's kind of what he looks like anyway. >> remember, steve jobs at the end when he was younger was completely -- >> not the 70s look. >>> this is what happens when a tv news team mistakes a tv set for real life. >> all right. let's go back to that picture from sky c
, the democrats lambasted mitt romney for taking the best deductions he could and paying the least amount of taxes he could. now you have the warren buffett who has become spokesperson on this evident in the same exact position. he is deemed a hero. >> bob: how in the world can you defend this? how do you defend people take having --dais i didn't defend it. i had policy and facts and history on your side. >> brian: i would love to see him take the billions of dollars that he earned from the paper route and the success story is phenomenal and famous. why does he start a myriad of businesses and use the great knowledge to employ tens of thousands of people. or say here, i have money to throw down a rat hole? why not demand the things from this country that he demands from all the businesses he starts? that is from accountability and efficiency. he doesn't waste his money any other place but the government. >> bob: look at the camera to say you defend people making $500 billion a year and not have increase? [ overtalk ] >> bob: what percentage of the people are they? >> eric: the top 1% pay 50% of th
. it's like mitt romney's dumb press conference the day after libya exploded and the ambassador died. there is a time and place -- there are so many ways to go after susan rice. >> and there are real questions on whether she even has the temperament to be secretary of state. that's a big question in washington, d.c. let me say it again. does susan rice have the temperament to be secretary of state? there are a lot of people, democrats who will tell you privately that just maybe she doesn't. but we're not talking about this. this is a clown show that's going on right now. what is -- >> i love that debate. >> well, the long game is unclear and the short game is even more unclear because they're not going to hold up the nomination of susan rice. i meaning if you look at the big picture. they only need to peel off -- i don't know what the number is five or six republican senators. >> who do they end up making stronger? >> they make the obama white house or susan rice look stronger but fighting the fight, three, four, five of them on a losing cause and won't hold up the nomination with fo
stevenson? >> the republican party wants romney to go away. he only existed as a presidential candidate and possibility. there is not a lot of clamor for stuart to be involved in another presidential campaign. i feel sorry for him. you lose. it is a short, painful thing but it lasts a long time. >> bob shrum, good to have you. >>> in the wake of the 2010 midterm elections, a fight broke out in washington over what had been a routine piece of washington business. republicans threatened to vote to force the country to default on its loans. this he were not going to raise the debt ceiling, remember. president obama responded in a prime time address to the nation. he asked the american people to get involved in that fight he was having with the republicans. he asked the american people to get involved directly. >> the american people may have voted for divided government but they didn't vote for a dysfunctional government. so i'm asking you all to make your voice heard. if you want a balanced approach to reducing the deficit, let your member of congress know. if you believe we can solve thi
here to there unless you raise the rates. that's why romney couldn't explain it during the presidential election. no one can explain it because you can't do it. >> jay carney says the speaker's plans raises more questions than answers. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and ferry dust. >> john boehner's heavy-handed approach to leadership, boehner and the republican steering committee kicked four republican congressmen out of their committee seats for voting against party leadership in the past. but boehner finds himself in an increasingly weak position. senate minority leader mitch mcconnell refused to take a position on boehner's debt plan today. >> i have no particular observation other than i commend the house leadership for trying to move. the process along and getting to a point where hopefully we can have a real discussion. >> house democrats are cranking up the pressure. tim walsh of minnesota introduced a discharge petition on the middle class tax cuts in the house. if it gets 2
, for five minutes. mr. blumenauer: mr. speaker, mitt romney weathered a storm of criticism late in the campaign after hurricane sandy for his earlier comments about privatizing fema and turning responsibility back to state and local governments. but during an era of fiscal restraint and global warming, it's high time that we start this conversation in earnest. how big do you want your fema to be? how generous your disaster relief payments and how much do you want to pay for it? in today's "new york times" op-ed section, there's an article that points out potential liability for flood insurance alone is $1.25 trillion. second only to the liability for social security. right now we have arguably the worst of both worlds. the federal government responds to disaster usually paying too much for the wrong people to do the wrong things. we provide federal money to put people back in harm's way and sometimes provide infrastructure to make future risky development worse. we often take remedial action, like for theifying beaches, a temporary solution, that can actually accelerate erosion
. governor romney suggested that during the campaign. >> senator, pain is not something we like to talk about in american politics under any circumstances. are you confident -- i mean there has been some talk democrats do not want to put entitlement reform on the table at all ever. but you seem to think this is a real -- this will happen? >> alex, and, in fact, on the super committee the democrats put forward serious proposals on entitlement reform. we have stated very clearly, that you don't have to cut benefits to do it. that will impact people directly. i mean charging people more for their medicare is not part of the solution that we believe. privatizing it as ryan has suggested it. but we put serious, you know, considerable dollars on the table. that was rejected by the republicans for one reason. they didn't want to match it with revenue. and that's why the debate we're having right now, about extending the bush tax cuts for 98% of the americans, the middle class, is the right thing to do. letting the wealthiest tax cuts, the tax cuts go back to the clinton era, will provide the revenue
of the year i will be surprised. yes "time" nominated mitt romney but he he has no chance. neither does hillary clinton who is somewhat responsible for the libyan mess. bill clinton is on the list. i would vote for jay-z over the president. no to bill clinton sea brilliant man. why would he be person of the year? for what. you can see we are living in a very shallow time in america. pardon the pun. truth is, we have very few dynamic leaders in this country where is abe lincoln when we need him. like 1860 america is a divided nation there is a culture war raging. we need a person to bring us together to solve complicated problems and stop all the nonsense. lincoln could have done it. republic-- strike that gist and kirsten powers the democrat and fox news analyst. who is your person of the year? >> while using "time" magazine's criteria which doesn't mean it's necessarily a person you think is good or bad or but someone who we spent a lot of time talking about who has a real impact this year i think would be mohammed morsi who is on their list of people to choose from the first democrati
. but wealthy people obviously donate a lot. mitt romney was a classic example gave away millions and millions of dollars. >> host: what are the objections that benefit the upper income like special low rates for capital gains, dividends, other things that particularly benefit wealthier income? >> guest: the capital gains and dividends break is a classic greek that benefits the very wealthy. if they receive more than 90% of the benefit, certainly people in the middle-class get a little benefit from that break, but overwhelmingly the majority of that goes to the wealthy. >> host: political has history with this tax loopholes alone can't solve the fiscal cliff, even if you dump in the vaguest tax loopholes, they don't come close to closing the deficit. at best the top 10: $834 million a year. john mckinnon, how significant are deductions when we look at their role in the big picture of solving the so-called fiscal cliff? >> guest: they can be really important. the goal is not to get rid of the budget deficit. i don't think anyone who's involved in this process has a realistic hope of getting rid
romney as well as president obama is, are you for the dream act? i guess that says a lot about this legislation and the idea of the principle behind it. when i introduced the dream act 11 years ago it was because i met a young woman from chicago, teresa li who was korean, came to this country as a child, was raised in the united states but her parents never filed the documentation. so teresa li was graduating from high school. an accomplished pianist, had been accepted by the juilliard school of music but she was undocumented. she wasn't a citizen. she wasn't here legally. so she came to our office and asked what she could do and we had to advise her mom, under the law, teresa, having lived in this country for more than 16 years, had to leave and go back to brazil where her family had been before they had immigrated to the united states. what a waste of talent. so i introduced the dream act to give her and many like her a chance, to become part of america. over the years we have had many votes. i have always had a majority vote on the floor, a bipartisan majority vote, but i've
: if you are just waking up here is a great story. despite west virginia going to mitt romney democrats dominate state wide in offices. meaning it is an uphill battle for our next guest. she is a feprail representative and prochoice. shellie capito announced her candidaciy for the senate seat. what challenges lie ahead for her? joining me is west virginia congresswoman shellie moore capito. good morning to you. >> good morning. >> gretchen: you are garnering a lot of attention, why is that? >> even thope the past election just ended, there is always excitement about the next one and i think that a chance to pick up a seat in west virginia for republican system good news and i want to get out there early to garner as much support as i could. >> steve: you would be the first woman senator from west virginia. >> i would be and we haven't had a republican since the 1950s. >> steve: you would be going up against j. rockefeller . what is different about your candidacy? >> i better reflectt what west virginia's are thinking. we have coal and natural gas losing their jobs particularlyy in the c
it in the house races, and of course president obama and candidate governor romney discussed it again and again. my friend talks about a consensus. let me tell you the consensus. more than 60% of the people agree with president obama and the democrats that we ought to climb down off this fiscal cliff in the next five minutes and pass what the senate passed, which is to renew all the bush tax cuts and go back for those over 250,000 to the rates of bill clinton. that's what we passed here. that will bring us almost a trillion dollars over ten years. that will get us to climb down that cliff. then we have got other parts of the cliff, there's no question about it, the automatic sequester. i think it's easy to deal with that by bringing home some of the overseas account money and applying it to the sequester and getting rid of at least half of that sequester, maybe all of the sequester. but no, you're going to listen to these speeches every day about how we're obsessed with taxes. what are you talking about, obsessed with taxes? i'll tell you what i'm obsessed about. i'm obsessed with the fact that
article in foreign policy recently. has been was a china adviser to mitt romney. he now heads the university of chicago. but he basically wrote about the sort of two chinas or to the ages. he said there's sort of a doctor jekyll and mr. hide that's evolving to a doctor jekyll, which is the nicer of the two is the economic issue. the dr. height is the strategic asia, is the security agent. if you look at the economic asia there's heavy amounts of interdependence, everybody is investigating each other. $19 billion in regional trade which includes india. if you look at the security asia, national entity, orders dispute, historical grievances just are driving things apart and you're seeing real impact on these. in the has its own problems in the region across china region across china. region across chandigarh on the border dispute. if you look at this is something that you want to be deeply engaged in or do you look at this is basically something that you can ride along and freeload and let america and canada and japan handled? >> steve, your question -- >> i'm and freeload, by t
, was literally on the ballot and romney and ryan opbd other republicans were -- and other republicans were not shy about telling the american people they didn't think the rich should pay a penny more in this tax deal. not only did democrats win races across the country, but in exit polling it was clear that the vast majority of americans supported our approach to deficit reduction, a balanced approach, an approach that cuts spending responsibly but also calls on the wealthy to pay their fair share. madam president, voters spoke pretty clearly in this election and they stood behind democrats to fight for a budget deal that works for middle class. and we are hearing encouraging words from some of our republican colleagues who have indicated a willingness to put revenue on the table and to break that stranglehold that d.c. lobbyist grover norquist has on the republican party. one of my colleagues said republicans should put revenue on the table. we don't generate enough revenue and said he would not be beholden to the norquist pledge. another said the world has changed and the economic situat
that somebody could claim. this is an idea mitt romney had on the campaign, this idea that you cap the value at $30,000, say. if you live in an area with low housing prices, that probably would not affect you. if you live at new york, san francisco where your mortgage is more expensive, it would be easier to bump up against what the deduction cap would be. you might not be itemizing your tax returns at the end of every year. host: next call is mike on the democrat's line. are you there? caller: i have a question for you. i heard president obama is making cuts to medicare if his plan goes through. he wants to cut $400 billion in entitlements. i collect ssdi. i am disabled. these $40 billion cuts in entitlements, are they going to affect ssi, ssdi? guest: we do not know what the administration is talking about yet. that offer came from the administration on the hill yesterday. it was not specific. $400 billion is what we are looking at in entitlement savings and we're not sure if it is ssdi or how beneficiaries would be affected. host: children make up a lot of these credits. which of these ar
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